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Synovus Again Named to Bank Director’s “Best Performing Banks”
 
 

November 21, 2007, Columbus, GA – Synovus (NYSE: SNV), the Columbus, Georgia-based diversified financial services company, today announced that the company has been named to Bank Director magazine’s list of the “Best Performing Banks of 2007.” Synovus moves up to No. 5 on this year’s list of the top 150 largest publicly-owned banks and thrifts in the United States.

“This honor by Bank Director magazine is special because it recognizes our capability to address one of the industry challenges of combining profitability and balance sheet strength,” said Richard Anthony, Chairman and CEO of Synovus. “Because of our emphasis on hiring and developing the best talent, our presence in key Southeast markets and our customer-centered decentralized model, we are positioned to consistently perform well.”              

Bank Director, with assistance from New York-based investment banking firm Sandler O’Neill & Partners, created the Bank Performance Scorecard to measure bank performance. The scorecard measured each institution across three categories: profitability, capital adequacy and asset quality.  The entire list of selected banks is available in the third quarter issue of the magazine and on the publication’s website at www.bankdirector.com.

About Synovus

Synovus (NYSE: “SNV”) is a financial services holding company with $34 billion in assets based in Columbus, Georgia. Synovus provides commercial and retail banking, as well as investment services, to customers through 37 banks, 440 ATMs, and other Synovus offices in Georgia, Alabama, South Carolina, Florida and Tennessee; and electronic payment processing through an 81-percent stake in TSYS (NYSE: “TSS”), one of the world’s largest companies for outsourced payment services.  The company focuses on its unique decentralized customer delivery model, position in high-growth Southeast markets and commitment to being a great place to work to ensure the delivery of unparalleled customer experiences. Synovus has been named one of “The 100 Best Companies to Work For” in America by FORTUNE magazine, and has been recognized in its Hall of Fame for consecutive appearances on the list since its inception in 1998.  See Synovus on the Web at www.synovus.com.

 
Contact
Greg Hudgison
Title: External Communications Manager
Phone: (706) 644-0528
Email: gregoryhudgison@synovus.com